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UPSC PYQPrelims 2022

Civil Services Examination · Question 63

Consider the following statements: 1. In India, credit rating agencies are regulated by Reserve Bank of India. 2. The rating agency popularly known as ICRA is a public limited company. 3. Brickwork Ratings is an Indian credit rating agency. Which of the statements given above are correct?

  1. 1 and 2 only
  2. 2 and 3 only
  3. 1 and 3 only
  4. 1, 2 and 3
Show answer & explanation

Answer: (B) 2 and 3 only

Explanation

Credit rating agencies are regulated by SEBI. ICRA is a public limited company, and Brickwork is an Indian CRA.